Measures of Central Tendency and DispersionPYQ May 25Question 4214 of 454
All Questions

Which one of the following is the absolute measure of dispersion for open ended distributions?

Options

ARange
BStandard deviation
CMean deviation
DQuartile deviation
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Correct Answer

Option dQuartile deviation

All Options:

  • ARange
  • BStandard deviation
  • CMean deviation
  • DQuartile deviation

About This Chapter: Measures of Central Tendency and Dispersion

Paper

Paper 3: Quantitative Aptitude

Weightage

12-15 Marks

Key Topics

Mean, Median, Mode, Range, Mean Deviation, Standard Deviation

The core foundation of Statistics. This chapter covers Mean (Arithmetic, Geometric, Harmonic), Median, Mode, and their properties. It also explores measures of spread like Range, Mean Deviation, Standard Deviation, and Quartile Deviation.

View Official ICAI Syllabus

Exam Strategy Tip

Do not just memorize formulas; ICAI loves asking about the mathematical properties (e.g., 'sum of deviations from the AM is always zero'). You can usually eliminate 2 options just by knowing the properties.

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